Greece: Income and profits taxes
* indicates monthly or quarterly data series
Greece |
Income, profits, and capital gains taxes: percent of revenue |
---|---|
Latest value | 23.28 |
Year | 2022 |
Measure | percent |
Data availability | 1995 - 2022 |
Average | 25.44 |
Min - Max | 21.25 - 29.75 |
Source | The World Bank |
The latest value from 2022 is 23.28 percent, a decline from 23.64 percent in 2021. In comparison, the world average is 31.54 percent, based on data from 93 countries. Historically, the average for Greece from 1995 to 2022 is 25.44 percent. The minimum value, 21.25 percent, was reached in 1996 while the maximum of 29.75 percent was recorded in 2005.
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Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 19.72 | 2023 | percent |
Government spending, in dollars | 46.96 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -1.60 | 2023 | percent |
Government debt | 161.90 | 2023 | percent |
Government expenditure | 11.02 | Q2/2024 | billion |
Long-term interest rate | 3.31 | 8/2024 | percent |
Tax revenue | 27.67 | 2022 | percent |
Commercial tax rate | 51.90 | 2019 | percent |
Tax preparation time | 193 | 2019 | hours |
Number of taxes | 8 | 2019 | taxes |
Taxes on goods and services | 48.61 | 2022 | percent |
Taxes on international trade | 0.00 | 2022 | percent |
Income and profits taxes | 23.28 | 2022 | percent |